How Lowe’s Beat Expectations As It Shook Off Weak Housing Market
Lowe's full-year sales forecast of $92 billion to $94 billion reflects housing market challenges despite Q4 revenue rising 10.9%, CEO Marvin Ellison said.
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7 Articles
US Housing Market Doesn’t Have Much ‘Tailwind’: Lowe’s CEO
If there’s anyone more exasperated by the locked-up housing market than your average millennial, it’s Marvin Ellison, CEO of Lowe’s. While the company reported a revenue beat during its fourth-quarter earnings call on Wednesday, lower-than-expected 2026 guidance soured the mood. Shares dropped 5.5%, and, in an interview with CNBC, Ellison said there was an obvious culprit for the company’s woes: “[The US is] still dealing with a housing market t…
Lowe's Stumbles on Weak Guidance While TJX Climbs on Broad Off-Price Beat
Quick Read Lowe’s (LOW) topped EPS at $1.98 versus $1.94 expected. TJX Companies (TJX) beat estimates with 5% comp growth. Lowe’s guided FY26 EPS essentially flat at midpoint as housing market pressure persists. TJX expanded margins 60 basis points to 12.2% and crossed $60B in annual revenue. Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each ad…
Lowe’s Beats Q4 Expectations but Stock Dips on Weak 2026 Guidance
Lowe’s (LOW) has reported fourth-quarter results that exceeded Wall Street’s expectations across the board, including revenue, earnings, and same-store sales growth. Adjusted earnings came in at $1.98, four cents higher than the Street predicted for the fourth quarter, per Bloomberg consensus data. Revenue grew by 10% to $20.58 billion, slightly above the expectations of $20.35 billion. Source
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